Manchester City to play in Champions League football next season after the Court of Arbitration for Sport (CAS) lifted a two-season ban from European competitions imposed by UEFA on Monday.

Manchester City were handed the suspension by UEFA’s club financial control body in February for “serious breaches” of club licensing and financial fair play regulations. The Premier League club vehemently denied any wrongdoing and appealed the decision at CAS last month, after previously describing the UEFA disciplinary process as “prejudicial”.

Manchester City were accused of deliberately inflating the value of income from sponsors with links to the Abu Dhabi United Group, also owned by City owner Sheikh Mansour, to avoid falling foul of financial fair play (FFP) regulations between 2012 and 2016.

The case against Manchester City was reopened when German magazine Der Spiegel published a series of leaked emails in 2018.

Read more===https://thestreetjournal.org/2020/07/two-years-champions-league-ban-on-manchester-united-lifted-by-cas/